|
<br />~2.-- t.Jfi~75~
<br />.Said prozai.~or•.' note -~.as _iven to sreure a Loan it:whieh [he Sma[I Business zldntlnistratnn, an ageitcy of the
<br />J~uited `tat~a of :~merics, has participated. In compiiaane with`sertion 102.1 i d)` of the -Reties sndRegnlati~ona'of
<br />t4tc >ra311 $asiuesa .4dmini_atratian kl:i G.F.R'. iQi,isdf j, taxis instrument is a-bc construed and ettfbrced in accord-
<br />ance with applicab}e i'ztilerai iaw.
<br />i. T'tte mortgagor covcnanU sad agrees ae faltotva'r
<br />ct. He will promptly pay she indebtedtteea evideaard by said'promiaeoey note at the titnea and is the
<br />manner therein providCd.
<br />b. E1o will pay all taxes,=xeseaanieata„water rates and other goveetamentai or .n;;;yelps{{ charges, fiutx,:or
<br />impoaitinna, for whirl: pxovisioa has xio;=hren xaadt hertitibefare, and tvviii promptly deliver the olGcial recci~ts
<br />therefor to the {told mtsrtgttjteG
<br />4- He..tv%Ii pay such expenttee attd,feea ae may: be incurred iq.-the protecxion and maintenance of said
<br />property, ixaciutitng the feea,of any attorney tmjxipyed ixv the mprtgaFee for the collection of any orwii pf
<br />rite ixtdebtedffiatm hereby xxured. or foi•eeiosure_bv mortgagor ~ .,..air, ur secure pructedinfio,; or in any,.ot}ter
<br />liti~atzon or px'oeeeding affettinjt said property'. Attorctev~' fee: rnasiailalrl,,' inrurrerl 7n:tnv other w^av shallbe
<br />paid by the:mortga~or.
<br />d. For hei[er security of thetndebtednesa hereby gerund, upon the. rer}ar=t o{ 7ite mortcagee, its
<br />auae,Nwrr cxr asaiRttm, hr. rhaii execute: and deli.er a rupp3emenxai tnortia~e or uzortLanees cavrring aov
<br />addiiona; impmventeats. ur }xrttermenta made to the ;nroprrt~ hrreizzabuee described :uu1 a71 fxeopertt
<br />arqured by it afirr t}xr doer heren{ i ail in form saticfuctory to martr,a;:re t. l~'ctrthrrnz«re, hou7,l nzort{ta{tor
<br />fail to curt. anv tir,fauit inthr payntentof a prior or inferiarrn.zzmbraure c~zt siu• prapen~' dryeribed he
<br />bixia ittmxrnsnenA :nori~agnr herrbc agrreeto permit zazarigagee. ip cure roach default, but marty;a~re-is not
<br />obii;ctxtr^d to d,r r•o: srnd sash advances: shoii brramr part of thr in+irhtrdnr=. -r,•nrrd h. thin in:, rnnttut,
<br />subject la the ro-ame zrrtns and ennditions.
<br />e. Tittritehta created by thi,+ conveyance :!hail retnaisur full Tore~e arad ritrrt cltiritz~ aa+ ixu„tponbmrnf
<br />err rxtrnruanrof Fite lime ofxhe paymrrzt of ffirizzdrKtrdrte,~+ rvidx•itred;.h.~.;aic[ Jrmnzi<Pnrt~ uatenr aizt part.
<br />therm{ ~ernred hereby.
<br />~. ift wilt cotti~tuatuiy tnaintsta iusard inauranrc, at awcEt typr c,r types and itl much antounta as the
<br />nmrtatxce nkavfronz tents to tints rrquarr irn titre intprc„ruu~nt+ noM .,r hrtwrltt•r-+nw •aidjraitrrty. :un.l
<br />well pay pmmptfv when due' any prtmtuma xberrftir, <tiJ inturanea!}tafl bererrird in rcrtnpanie-» acceptable
<br />W.mort=aRec and the pttixcits and rettewais aherea{ aitall. bt helditr retort}agteattdhaveattached thereto
<br />loss :pavabk claw~rt. to fast of and in form acrrptaitit to the mnngayee. in t+ent of ipitm, rnortgakor will-give
<br />imnrodiate noxire in xrttuijc xzi xaprtga~ee, end murtttagec ma} .make pr<raf of iusm if tent made promptly br
<br />mottleaFor, ttrtd each ituttraneetox»panv cbnerrrerd i, irrrcbv autixoritt2d and siinrte<i'tr> nxakt payment far much
<br />lcw dirert[v to mort~ytee isaxesd pf to mortgagor and mortgafirr jointlti, and the insurance prneteda, or :any
<br />pan thennf, rear be applied bx tnart{taj5a• at its o;,Finn rnthrr fn the reduction of the indebteclnr_mslxerehv
<br />~rcumd or to ha trstorativn or repair of rite proprnv damaited or destroyed, an es•ent of foterlpsure of Haim
<br />mnrxRasr, or athrr eraoatfes of tixie to said pnxltenv ir, rxtinstuieixtittM of l}it indebteiinems secured kecrrby, a!i
<br />right, lick, and intrrr„t of the mortgagor iro and to am' inaurancr pnlic?r iht-n iu fnrrr shall pains do the
<br />{lure{, ttsrr nr nt.xtRagrr or. attltie-oytigr of the nrongaatrr,:inu, Ix~ .urrrrz.{o•n-~i Inc .i rrfrtnd;.'
<br />,G. [{r will lcep all bwiding~.atzd other ,rnprr,.rmrar-cur -.,u7 pr.,p,•rtypitt tr•nod rrpatr anill candrfiotu.
<br />mill prrrnit, romrntt, ar rutfer no wnslt, impairment. ~frtrrturat,r„t •.I -aid ~•rrtfiertz err any irtri thennf,
<br />in the r~rnt of faiiurr of the more gaa:or to hrrp the i•:rildinat. .,n -.,,ri JuPru isC* 'anci thusr errs^trd sere +aLl
<br />prrmicee, or impnnement.. thrrr±,n. in :oocl repass tier munwl:rr rnaz ntakr.surli r^~{+:u re :,. in itsdtsrre!"tun
<br />it ma. dorm ncrre+a r. for the proper }irt!±•r+atinu tltertxtf~ .,n<i tier fu#i amouiat of <•a,ir an•I atre~ ~ririi
<br />Itattnrnt shall he rmmrdiatrl. doe and pawabk;,art<l shaiLhe .r:ur,•r{ by titer tiro of iSixr utnrtRa;!r~:,
<br />h. F{c wilt not valunurilg,rtcstr or perntix to br created aRsintr the property auiijeet to thin mart~age an s'
<br />lim nr lima intrrinr or euprtzor to rile lien of tiaia morl~a~e without Line written ronaerit of the mortpragte; and
<br />frzrihrr. that hr >riil kept raid ma%niain zhe. wrr.r free fnrmshe. ciarni <t3' all persons zrtpi,lying lalxtr of
<br />matrtialm furowxetrnr.tton af:.anv and all:huildiaRa oriatap•[ov,emrnbr+. nxtw P.eittst ••r+-rt+*•1 or trs lte^ .•rrrterinn
<br />•aid prrmire..
<br />Fie will u„t rent nr a>riytn any-part of the rent ixf'raid mnrt~agrd,rxope•rtr or'demali,he+ur rrxnur'r:~
<br />„r -uh•tantiai7v alter auv i,;ti7+iin¢ .. itliout tlit wriUrn crux++ent of tltr ntort~apter:
<br />t. .1i# awarder of rlamaRrn iu connection wish arav cvndatnnatiatsl fur public'urr of ur-tnjurz :tu am oC Firer
<br />Joro;xwc <icbjeri to tlti~ mnrt~arv art: hrrebva~ianrdand sisail `ire paid.2nrnnrtsa~e. who rneP• app?. for
<br />.ante x p.a,rtr.-nt of t#.r in+ta3l.mrara la.~t +iur.undcr 4aid nutr..an+i.'zncirt~aKee t- hrnh. arrtftosised. Sn the
<br />nataz<- of t}tr mo-t~a,~ur. to r>rrufr and rltiitrr wait,{ argetitsanrr- litrrrnf anrf to a},peal {corn anti .trciv atvnrri.
<br />s. Fhr rnsrrty;agtr -{tail lza~r the rtrht t... it pret t's,e otnrtfia$erl pernu.r~ ar.,mz'.rrarr.nabEw! tier>t•.,
<br />.~.. f?rfrak in am of Ibr rovertanu err <ronditions of thze xmasttrntaa dr of the note or Juan agrtemettt sernrrd
<br />#brrelty eha#l trzuxinata tkr mort>zakor < r;lcht to po+.<-nrK,n, u:.c. and err}ovsncnt of tFtr.. prc+penr, at she optiren of tlto
<br />trte't;<attrr :,r #zta sins{;ne ; it lwin; atzrerd that the munfia¢ar ~itsli bas^r. each rglit until..riefanh ~i, llpoxt any starit
<br />~:[efeult, tha+ ,nnrt>raue+ .#,-a l! #r,rraroc si>e own,-r of ail of the retets arid. pmfvta ardtrrti~r afirr drfuutt .no <.,ruxito
<br />rte. aF,r ettd~htnxltrrr.« -...r<ararl. ?a.-rr iiti. with the ri;ht to sorer nixnrz ands property fortiie pa rpou rst r<,#Irrf inn,: e~tclt
<br />*-wee yr;t s,n>eite.. 7?u, {real ~.r!tsat xha#3 u;pcrair_ ~~ a~typQtnPC.aof arty. rrntak nn said gropeztc t,-• risat •-rt•nt.
<br />
|